Market Halt

Jeremy · 1 Market Halt Tue Feb 25, 2014 11:51 am

Jeremy

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In the event the S&P SL20 Index (or the index that may replace the S&P SL20 in the future) drops by 5% within the day from the previous market day’s close, a “Market Halt” will be imposed on all equity securities for a period of 30 minutes. In case if the above scenario takes place at 2.00pm or later, the market will be halted and closed at 2.30pm. This is effective from 2nd January 2009. Market wide index based circuit breakers are imposed by stock exchanges to halt trading of equity securities in order to provide a "cooling off" period when there is an unusual movement in the index. Broker Firms may cancel any pending orders during the "Market Halt". However Broker Firms cannot enter new orders or amend pending orders during the "Market Halt".

Jiggysaurus · 2 Re: Market Halt Tue Feb 25, 2014 12:57 pm

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Great negative news. This may also be similar to the Tsunami warning.

ADP · 3 Re: Market Halt Tue Feb 25, 2014 1:27 pm

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GMNet wrote:In the event the S&P SL20 Index (or the index that may replace the S&P SL20 in the future) drops by 5% within the day from the previous market day’s close, a “Market Halt” will be imposed on all equity securities for a period of 30 minutes. In case if the above scenario takes place at 2.00pm or later, the market will be halted and closed at 2.30pm. This is effective from 2nd January 2009. Market wide index based circuit breakers are imposed by stock exchanges to halt trading of equity securities in order to provide a "cooling off" period when there is an unusual movement in the index. Broker Firms may cancel any pending orders during the "Market Halt". However Broker Firms cannot enter new orders or amend pending orders during the "Market Halt".

As your fear mongering gets louder i think the end of the downfall is nearer.

Light of Hope · 4 Re: Market Halt Tue Feb 25, 2014 1:54 pm

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GMNet wrote:In the event the S&P SL20 Index (or the index that may replace the S&P SL20 in the future) drops by 5% within the day from the previous market day’s close, a “Market Halt” will be imposed on all equity securities for a period of 30 minutes. In case if the above scenario takes place at 2.00pm or later, the market will be halted and closed at 2.30pm. This is effective from 2nd January 2009. Market wide index based circuit breakers are imposed by stock exchanges to halt trading of equity securities in order to provide a "cooling off" period when there is an unusual movement in the index. Broker Firms may cancel any pending orders during the "Market Halt". However Broker Firms cannot enter new orders or amend pending orders during the "Market Halt".

January 2009??

Ohoooo now I see someone is right. Its all about panicing users and bringing forum traffic.

See Mr.GM is revealing his balanced and democratic views.

VALUEPICK · 5 Re: Market Halt Wed Feb 26, 2014 1:03 pm

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market hall is normal. in other markets also did. now they are bull. today hall tomorrow bull.

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Market Halt

1 Market Halt Tue Feb 25, 2014 11:51 am

Jeremy

2 Re: Market Halt Tue Feb 25, 2014 12:57 pm

Jiggysaurus

3 Re: Market Halt Tue Feb 25, 2014 1:27 pm

ADP

4 Re: Market Halt Tue Feb 25, 2014 1:54 pm

Light of Hope

5 Re: Market Halt Wed Feb 26, 2014 1:03 pm

VALUEPICK

6 Re: Market Halt

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